Standard&Poor's Ratings Services assigned its 'AAA' program rating and 'AA-' ICR to Leander Independent School District, Texas' series 2014E unlimited tax school building bonds. At the same time, Standard&Poor's affirmed its 'AA-' ICR, SPUR, and long-term rating on the district's existing unlimited tax debt. The outlook on all ratings is stable. The series 2014E bonds are payable from an unlimited ad-valorem (property) tax levied on all taxable property in the district. Bond proceeds will be used to fund various construction projects that were authorized by district voters at its 2007 bond election. The issuance of the series 2014E bonds will exhaust the district's total $559 million bond authorization from 2007. The 'AAA' program rating reflects the
